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Implementing the New Risk Assessment Standard (RAS2)

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Live Webinar SELECT STARTING AT $99 (13 dates)

Credits: 2

Qualifies For: YB CPE

Instructor(s): Charlie Blanton, CPA

$99

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Credits: 2

Qualifies For: YB CPE

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Implementing the New Risk Assessment Standard (RAS2)

  • Customer Rating
    Reviews Not Available.
  • Field of Study
    Auditing
  • Level
    Intermediate
  • Credits
    2
  • Qualifies for

    YB CPE

Overview

The auditor’s responsibilities related to risk assessment have changed! This power-packed course will empower you with the working knowledge of SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, to successfully apply the standard.

Major Topics:

  • The performance of risk assessment procedures to attain the knowledge needed to assess risk
  • How the auditor identifies and assesses the risks of material misstatement
  • The new “stand-back” requirements related to risk assessment

Learning Objectives

  • Understand and prepare for the 2023 calendar year-end implementation of SAS No. 145 on risk assessment and two highly-related SASs related to auditing accounting estimates and compliance auditing (i.e., SAS Nos. 143 and 148)
  • Recognize the effects of SAS Nos. 144, 146, and 147, which are also on the short-term implementation horizon

Designed for:

All auditors

Prerequisite:

Basic auditing experience

Advanced Preparation:

None

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
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